Blazin Bluegrass of the Big South Fork Inc

Analysis

Blazin Bluegrass of the Big South Fork Inc is a registered charity in United States, based in Whitley City, KY. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Blazin Bluegrass of the Big South Fork Inc reported income of $123k and spending of $116k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $123k (+75%), an average of +75% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Blazin Bluegrass of the Big South Fork Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within KY. Charities of a similar size with the same main cause include The Naraya Cultural Preservation Council Inc ($123k), Friends of Beattie-Powers Place Inc ($123k) and Lomas & Saum Foundation ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 33% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.